J. Alexander’s Holdings, Inc. Announces Plans for Second Upscale Restaurant in San Antonio

"This Redlands Grill will be the first developed from-the-ground-up under this concept."

NASHVILLE, Tenn.--(BUSINESS WIRE)--J. Alexander’s Holdings, Inc. (NYSE: JAX) (the Company), owner and
operator of a collection of upscale restaurants in 16 states, has signed
a lease to open a new Redlands Grill restaurant in La Cantera Heights, a
premier commercial and retail center located approximately 11 miles from
downtown San Antonio, TX.

Lonnie J. Stout II, President and Chief Executive Officer of J.
Alexander’s Holdings, Inc., said the new Redlands Grill will be located
near La Cantera Blvd. and I-10. Plans for the new free-standing
restaurant call for approximately 8,350 square feet under roof with
seating for 200-225 guests. Approximately 100 full and part time
professionals will be employed to operate the restaurant.

The new Redlands Grill restaurant will become the second concept in
greater San Antonio owned by J. Alexander’s Holdings, Inc. The first
concept operates as a J. Alexander’s restaurant and was opened at 255
East Basse Road in 1997.

“We're pleased to announce plans for our second J. Alexander’s/Grill
concept in San Antonio,” Stout said. “This Redlands Grill will be the
first developed from-the-ground-up under this concept.” J. Alexander’s
Holdings, Inc. operates 12 other upscale Redlands Grill restaurants.

Construction of the new Redlands Grill in San Antonio will begin later
this year with opening scheduled for the first half of 2020.

La Cantera Heights is surrounded by luxury retail, entertainment,
education, and prominent employers with a regional draw from affluent
suburbs of North San Antonio. It offers easy access from the north,
south, east and west along I-10 and Loop 1604.

Redlands Grill evolved from the J. Alexander’s concept of upscale casual
dining restaurants. Known for their distinctive made-in-house cuisine,
Redlands Grill restaurants feature a wide selection of American classics
– hand-cut steaks, prime rib of beef and fresh seafood, along with a
large assortment of innovative made-to-order salads, sandwiches and
made-from-scratch desserts. Redlands Grill restaurants also offer an
outstanding selection of award-winning wines by the glass and bottle.

The Redlands Grill restaurant in San Antonio is being designed by Shea
Architects, Inc., Minneapolis, MN.

About J. Alexander’s Holdings, Inc.

J. Alexander’s Holdings, Inc. is a collection of restaurants that focus
on providing high quality food, outstanding professional service and an
attractive ambiance. The Company presently operates 46 restaurants in 16
states. The Company has its headquarters in Nashville, TN